Personal Savings Accounts

City First Personal Savings Account  Your money can work for you—earning interest—while it also works for your community. With a City First Personal Savings Account, you’ll earn a competitive rate and know that what you save in your account is helping your community. Get started with a minimum to open of $100.

City First Money Market Account  Increase your earnings on savings with a competitive rate and the convenience of a checkbook (by regulation, transfers are limited to six per month). With a Personal Money Market Account, you’ll earn a tiered interest rate, paid every month. The minimum to open is $1,000.

City First Certificates of Deposit  Want to put aside funds for your future? Make your money grow in both the short- and long-term? With City First Certificates of Deposit, you can start saving from just $500.    

Experience true community development banking. Make a difference in your community while receiving the banking services you’re looking for. Become a socially responsible investor. Call 202-243-7100 or e-mail us at info@cityfirstbank.com to learn how you can start on the road to community banking.

 

  Personal Savings
Minimum to Open $100
Monthly Service Charge $2 monthly service charge applies if minimum balance requirement is not met.
Minimum Balance Required $100
Interest Bearing? Yes! Interest paid monthly.*
Withdrawal Limitations 6 transfers per month.*

 

  Personal Money Market
Minimum to Open $1,000
Monthly Service Charge $8 monthly service charge applies if minimum balance requirement is not met.
Minimum Balance Required $1,000
Interest Bearing? Yes! Tiered interest rate paid monthly.*
Withdrawal Limitations 6 transfers per month.*

 
 

Certificate of Deposit
Account Type Minimum to Open CD Term and Rate
Regular CD $500 From 3 months to 5 years*
Jumbo CD $100,000 From 3 months to 5 years*

* For more information, or to receive a copy of our Truth in Savings Act Disclosure, please click here.
 

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html

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